Active Listings
71
⇧ 12.7% vs 63 last year
Oakhaven
Data as of June 2026. Source: Realtor.com.
The MEMPHIS, TN real estate market (38115) currently shows 71 active listings, with 19 pending sales. Homes are averaging 76 days on the market before going under contract.
Inventory has increased compared to last year, with 8 more homes available — giving buyers more choice.
Homes are taking longer to sell, averaging 76 days on market compared to 48 days last year.
The median listing price has risen 5.7% year-over-year, from $122,225 to $129,225.
Whether you are buying or selling in MEMPHIS, TN, SELL123.com can help you save significantly on commission — typically 2% compared to traditional 5% broker fees. Call (240) SELL-123 for a free consultation.
Population: 36,574 · Density: 1,645.3/mi² · Median household income: $39,176
Typical home value: $117,561 · Homeownership: 22.8%
| Zip | City / State | Distance | Listings | Market Value | Median $ | Average $ |
|---|---|---|---|---|---|---|
| 38115 | Memphis, TN 38115 | 0.0 mi | 66 | $9,054,804 | $124,725 | $137,194 |
| 38141 | Memphis, TN 38141 | 2.7 mi | 38 | $7,629,792 | $182,375 | $200,784 |
| 38138 | Germantown, TN 38138 | 4.2 mi | 130 | $88,391,810 | $492,500 | $679,937 |
| 38120 | Memphis, TN 38120 | 4.8 mi | 94 | $64,776,246 | $478,688 | $689,109 |
| 38111 | Memphis, TN 38111 | 5.9 mi | 215 | $52,876,670 | $185,675 | $245,938 |
| 38114 | Memphis, TN 38114 | 7.5 mi | 110 | $16,903,700 | $114,950 | $153,670 |
| 38018 | Cordova, TN 38018 | 7.9 mi | 153 | $65,400,003 | $359,000 | $427,451 |
| 38116 | Memphis, TN 38116 | 8.4 mi | 72 | $13,091,688 | $171,725 | $181,829 |
| 38112 | Memphis, TN 38112 | 9.1 mi | 78 | $21,691,098 | $242,475 | $278,091 |
| 38104 | Memphis, TN 38104 | 9.6 mi | 147 | $51,369,444 | $299,000 | $349,452 |
| 38108 | Memphis, TN 38108 | 10.1 mi | 93 | $10,026,609 | $109,250 | $107,813 |
| 38016 | Cordova, TN 38016 | 10.4 mi | 146 | $48,018,524 | $327,625 | $328,894 |
| 38133 | Memphis, TN 38133 | 11.6 mi | 66 | $21,566,358 | $318,700 | $326,763 |
As of June 2026, there are 71 active listings in MEMPHIS, TN (zip code 38115), compared to 63 the prior year.
The median listing price in MEMPHIS, TN 38115 is $129,225 as of June 2026, a 5.7% increase from $122,225 the prior year.
Homes in MEMPHIS, TN 38115 spend an average of 76 days on the market before going under contract, compared to 48 days the prior year.
Based on current inventory and days-on-market data as of June 2026, MEMPHIS, TN 38115 is currently a Buyer's Market. Inventory has increased compared to last year, with 8 more homes available — giving buyers more choice. Homes are taking longer to sell, averaging 76 days on market compared to 48 days last year.
With SELL123.com's maximum 3% commission, sellers in MEMPHIS, TN 38115 save an estimated $2,585 compared to a typical 5% commission on the median listing price of $129,225. Our fee structure: 1% listing + 2% selling broker — no additional buyer or seller fees. Call (240) SELL-123 or email info@SELL123.com for a free consultation.